Housing Finance company PNB Housing Finance announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Net profit increased by 25.0% YoY and 14.0% QoQ to Rs 550 crore Net Interest Income grew by 16.2% YoY and 5.5% QoQ to Rs 734 crore. Operating expenditure grew by 18.2% YoY and 2.6% QoQ to Rs 208 crore Pre-provision operating profit grew by 14.1% YoY and 11.5% QoQ to Rs 646 crore Yield at 10.03% in Q4FY25 as compared to 10.12% in Q3FY25 and 10.08% in Q4FY24 Cost of Borrowing is at 7.84% in Q4FY25 as compared to 7.83% in Q3FY25 and 7.98% in Q4FY24 Spread on loans is at 2.19% in Q4FY25 as compared to 2.29% in Q3FY25 and 2.10% in Q4FY24 Net Interest Margin stood at 3.75% in Q4FY25 as compared to 3.70% in Q3FY25 and 3.65% in Q4FY24. Gross Margin, net of acquisition cost, stood at 4.27% in Q4FY25 With recovery from write-off pool, Credit Cost was -32 bps in Q4FY25 as compared to -19 bps in Q3FY25 and 4 bps in Q4FY24 FY25 Financial Highlights: Disbursement grew by 25% YoY to Rs 21,972 crore during FY25. In Q4FY25, disbursements grew by 23% YoY and 27% QoQ to Rs 6,854 crore. Affordable and Emerging Market segment contributed 40% to the retail disbursement in Q4FY25. Gross NPA declined by 42 bps to 1.08% as on 31 st Mar 2025 as compared to 1.50% as on 31 st Mar 2024. Recovery from written-off pool continues with total recovery of Rs 336 crore in FY25 Profit after Tax for FY25 is at Rs 1,936 crore vs Rs 1,508 crore registering an increase of 28% YoY Capital Risk Adequacy Ratio stood at 29.38% as on 31 st Mar 2025; Tier I stood at 28.39%. The Board of Directors recommended a dividend of Rs 5 per equity share having face value of Rs 10/- for FY25, subject to the shareholder’s approval at the ensuing Annual General Meeting. Commenting on the performance Girish Kousgi, Managing Director & CEO said: "During the Financial Year 2024-25, the Company delivered strong performance across multiple parameters and surpassed its stated guidance for the year on growth, asset quality and profitability. The Retail Loan Asset grew by 18.2% YoY to Rs 74,802 crore as on 31st March 2025, which was supported by growth in the Affordable and Emerging Markets segment. The Affordable segment Loan Asset crossed a significant milestone of Rs 5,000 crore during the year. With focus on collections across buckets, the Gross NPA improved to 1.08% as on 31st Mar 2025 as compared to 1.50% as on 31st March 2024. On the back of strong business and financial performance, the RoA increased by 35 bps 2.55% for FY2024-25. This remarkable progress is a testimony of our unwavering commitment to empowering individuals and families in their journey towards owning a home. As we progress, we will continue to focus on profitable growth while sustaining the Asset Quality." Result PDF